3 hard facts shaping higher education thinking and behavior
•Download as PPTX, PDF•
1,377 likes•89,442 views
Expansion in tuition, enrollment, faculty, buildings, and everything else ― is fast becoming a thing of the past. Institutions will have to carefully pick initiatives, making clear choices about what to do and, most significantly, what not to do. Download 2016 State of higher education >> http://gt-us.co/1UbUF56
Report
Share
More Related Content
What's hot
What's hot (20)
Viewers also liked
Viewers also liked (20)
Similar to 3 hard facts shaping higher education thinking and behavior
Similar to 3 hard facts shaping higher education thinking and behavior (20)
More from Grant Thornton LLP
More from Grant Thornton LLP (20)
Recently uploaded
Recently uploaded (20)
3 hard facts shaping higher education thinking and behavior
- 1. 3 hard facts shaping higher education thinking + behavior
- 2. © 2016 Grant Thornton LLP | All rights reserved2 Fact #1 Your institution is on its own Take decisive action Partner with faculty, consider affiliations ― change the trajectory Get creative Innovate in finances, academics, promotion ― everything Target demographics Find out what's important to new groups ― and provide it Distinguish yourself Separate your institution from the distressed-college fold ― begin with a realistic view of your situation
- 3. © 2016 Grant Thornton LLP | All rights reserved3 Fact #2 Opportunity abounds Seize opportunities in student growth 1 Demographic groups such as Hispanic 2 Students in the West and South 3 Students outside your geographic reach Create unique offerings such as liberal arts + vocational objectives Promote your uniqueness Develop online or hybrid delivery systems
- 4. © 2016 Grant Thornton LLP | All rights reserved4 Fact #2 cont. Opportunity abounds Leverage simplicity Focus on doing only a few things ― do them well Identify less-attractive programs ― reduce or eliminate them Explore new initiatives As revenue slowly grows, resist pressure to restore budget reductions to low-priority expenses Instead, use the incremental revenue for innovation such as attracting new students and improving retention Read the article Maturing from adolescence into adulthood: Major factors shaping the sector in 2016
- 5. © 2016 Grant Thornton LLP | All rights reserved5 Fact #3 This may be the decade of the distressed college Distinguish yourself Separate your institution from the distressed-college fold ― begin with a realistic view of your situation Consult with key stakeholders to learn and gain their support Determine a projection based on your current course ― the usual conclusion is that your current course is not sustainable Then think boldly about new paths consistent with your mission ― but possibly in sharply different ways
- 6. © 2016 Grant Thornton LLP | All rights reserved6 Read the article Maturing from adolescence into adulthood: Major factors shaping the sector in 2016 See the full report The State of Higher Education in 2016
- 7. We want to hear from you. Take this short survey and tell us what you think of this content. Thank you.